Argentina
High inflation stirs banknote shortage in Argentina: reports
Inflationary pressures in Argentina create shortage of high-denomination banknotes forcing long queues at cash machines
Argentina’s Marcó del Pont nominated for full term
Argentine President nominates central bank governor Mercedes Marcó del Pont for full six-year term, even as inflation soars and currency value drops; deputy, board members also nominated
S&P boosts Argentine rating one notch
Credit ratings agency Standard and Poor’s lifts Argentina’s sovereign credit rating from B- to B; cites strong economic recovery and solid debt management strategy
France’s Redouin favours central banks’ new dual role
Banque de France first deputy governor Jean-Paul Redouin says having financial stability and monetary policy under one roof will strengthen surveillance of financial sector
Marcó Del Pont: Argentina averted a full blown crisis
Central Bank of Argentina governor Mercedes Marcó del Pont says country’s resilience during crisis owed much to good policies
Argentina dips into central bank profit to finance expenditure
Central Bank of Argentina transfers $760m from last year’s profits to government to find expenditure; government unwilling to tap bond markets until yields come down sufficiently
Argentina lets non-banks into debt sale
Argentine central bank throws open note auction to companies, allowing them to circumvent secondary markets; move linked to rapid expansion of money supply
Argentina tightens rules on dollar purchases
Argentine central bank toughens regulation for large dollar buyers; says move not intended to limit access to market
Senate okays disputed Argentine reserve transfer
Lawmakers in Argentina's upper house approve president’s decree to transfer $4.4 billion of central bank reserves to bond repayment fund
IMF: dollarisation minimises central bank functions
IMF paper offers guidance on dollarisation of currency using past experiences
Jilted bondholders can attack Argentine central bank’s assets: US court
US judge decrees central bank and government one entity and breaks dam guarding assets from unpaid creditors; central bank expected to appeal ruling
Argentine governor clings on to job as politicians splinter
Argentine Senate postpones vote on rejecting new governor Mercedes Marcó del Pont to next Wednesday after opposition factions disagree
Argentine Senate set to reject governor
Central bank set to be leaderless again after committee vote against Fernández ally
Argentine president drops efforts to plunder reserves
President Fernández abandons plans to raid central bank’s coffers to repay national debt for now
Argentine court blocks debt repayment fund
Appeals court thwarts Argentine president Cristina Fernández’s decree by upholding injunction against the forced transfer of central bank reserves to bondholder repayment fund
Argentina surprises with new governor
Mercedes Marcó del Pont, the pro-government head of a state bank, is made governor of the Argentine central bank, commentators and markets in shock
Frontrunner Blejer: deputy should take over
Former Argentine governor Mario Blejer tells CentralBanking.com deputy should see out Redrado’s term
Argentina’s Redrado resigns
Argentine central bank governor gives in after three-week stand-off with the country’s president, government says it does not accept resignation
Redrado barred from central bank by police
The fall out between Argentine central bank head Martín Redrado and President Cristina Fernández escalates as police are posted outside the central bank to prevent him entering
Redrado reinstated
Argentine central bank governor is back at work after a federal judge rules presidential decree unconstitutional
Argentine president fires Redrado
Governor dismissed by presidential decree on Thursday evening following his refusal to hand over reserves
Argentina to plunder central bank to pay off debt
Argentine government announces plans to create a fund to repay creditors which would use central bank’s reserves
Will Dr. Gloom and Dr. Doom’s Next Domino Fall?
The current plight of Latvia and its Baltic neighbours is far different from Argentina’s in the early part of this decade
Realign lats: ex-Argentine chief economist
A former chief economist at the Central Bank of Argentina has claimed that the best strategy for Riga to pursue would be a contained devaluation of the lats.